‘No secret’: Packer’s $7m gift

‘No secret’: Packer’s m gift

James Packer has donated $7 million towards psychological well being analysis, with a give attention to temper issues.

The beneficiant donation comes after Mr Packer revealed he had been recognized with bipolar dysfunction when giving proof to the NSW Independent Liquor and Gaming Authority in 2020.

Mr Packer, who Forbes estimates has a web price of $AU4 billion, stepped down as govt chair of Crown Resorts in March 2018 for psychological well being causes.

The present will set up the James Packer Chair in Mood Disorders on the University of NSW which can lead a brand new unit on the college with the Mindgardens Neuroscience Network.

The unit will “conduct rigorous research in mental health with a particular focus on mood disorders such as bipolar disease”.

Mr Packer was not shy about his motivation for the donation.

“It is no secret that I have struggled with mental health problems in the past,” he stated.

“I am a passionate advocate of finding ways to improve mental health outcomes and I am hopeful that my contribution towards this research will generate positive outcomes in this field and in so doing significantly improve the lives of people battling mental health issues both in Australia and around the world.”

Vice-Chancellor and President of UNSW Sydney Professor Attila Brungs stated the present will help collaborative analysis and drive significant change in an more and more very important area of healthcare.

“Research changes people‘s lives. We appreciate James Packer’s generous donation, which will enable UNSW researchers to develop new treatments and interventions for people experiencing mental health disorders,” he stated.

Those who’ve bipolar dysfunction expertise shifts between intervals of melancholy and intervals of mania through which they might expertise psychosis.

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Camera IconMr Packer stepped down as govt chair of Crown Resorts in March 2018 attributable to psychological well being causes. NCA NewsWire/ Gaye Gerard Credit: News Corp Australia

Around two per cent of Australians are affected by bipolar dysfunction which may be troublesome to diagnose in line with Beyond Blue.

Mr Packer revealed that he had made progress together with his psychological well being struggles final yr.

“I got off all my antidepressants and antipsychotic drugs in March,” he instructed The Weekend Australian in June 2022 from his residence in Cabo San Lucas, Mexico.

“In 10 years, and hopefully before then, I hope to have rehabilitated my reputation in Australia and elsewhere.”

“Mental health is a pressing global challenge, and this gift will help us make real progress in this critical area of research.”

The “exceptional gift” will assist to speed up psychological well being initiatives in line with UNSW Medicine & Health Dean Professor Vlado Perkovic.

Mental well being help

Source: www.perthnow.com.au